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Results (3,137+)
Daniel Sisto TRIPLEX WITH TENANTS BUT TENANTS HAVE NO LEASE
18 June 2016 | 23 replies
Tear off, ridge vents, GAF Timberline HD shingles.
Account Closed Which Upgrades are Worth a Little Extra Money?
6 April 2015 | 12 replies
Especially in a rental; they are as close to bulletproof and maintenance free as you will find.Higher quality shingles are well worth it when doing a roof.Good light fixtures can be pretty timeless.Hardwood, not laminate.
Anna Sam Tenants getting Locked out and call me for keys
9 April 2015 | 19 replies
Places I use ..... under the deck on a nail , In a lawn sprinkler head buried in a corner next to the foundation , under a shingle on the shed .  
Martin Sterling How do you know if a mentor (or person) is full of s%!t
17 April 2015 | 12 replies
However, the knowledge I earned through that course has been invaluable in preparing me for investing in real estate.After you complete the class and take and pass the license exam, that will be a good time to try to hang your shingle with a RE company. 
Zana Blue Tenants Keep Calling AC Company Directly
25 July 2015 | 21 replies
That said, if an owner tells us not to go out without approval, we know that because of our computerized records.....
Carrie Lane Void roof warranty under property management’s care
14 November 2024 | 9 replies
Maybe it's because the screws put holes in the shingles and roofing which is causing the leak, but that does still seem to be like a lot.How long is your roof warranty anyway since it's been 2 years already?
Rowdy B. Advice on MPP for Rental / Flip in 2 years
17 April 2014 | 2 replies
Here's what I'm looking at:4 bed 2 bath split level home (basement+ground level) carport (no garage)1800 sq ft home 6000 sq ft fully fenced lotSelling agent's resale estimate: $135,000 - $140,000Buyers agent resale estimate: $130,000Zestimate: $125,000 Selling agent's estimate of repairs $10,000 - $20,000Buyers agent's estimate of repairs $20,000Selling agent's Prop. mgr estimated rent $1000 - $1100/monthBuyers agent estimated rent $1200 - $1400/monthZestimate rent: $900My guesstimate of other costs (closing + unknown): $10,000 --------------------------------- Here are the figures I plan to use:Sale price: $125,000Total costs: $30,000 = $20,000(repairs) + $10,000(other) Rent: $900/month =========================================== Max Purchase Price (MPP) using 70% rule: $57,500 ---------------------------------------------------------------------------- MPP = Sales Price * 0.7 - Total Costs MPP = ($125000*.7) - $30,000 = $87,500-$30,000 = $57,500 =========================================== Max Purchase Price using: Sales Price - Other Costs - Profit - Repair Costs: $75,000 ---------------------------------------------------------------------------- Desired Profit: $20,000 MPP = $125,000 - $10,000 - $20,000 - $20,000 = $75000===========================================Rent Yield (MPP $57,500): 12.3%Rent Yield = Annual Rent / (MPP $57,500 + Other Costs + Repair Costs)Rent Yield = ($900*12) / ($57,500 + $10,000 + $20,000) = 12.3%Rent Yield (MPP $75,000): 10.2%Rent Yield = ($900*12) / ($75,000 + $10,000 + $20,000) = 10.2%=========================================== ///////////////////////////////////////////////////////////////////// More details (from my relative): ///////////////////////////////////////////////////////////////////// Repairs needed: New shingles for roof.
Tom Chen Help! Advice please!
19 July 2017 | 6 replies
I have replaced several roofs on my multi-family properties in the Syracuse area over the past three years and have generally been paying around $450/square (that includes complete tear-off of the old shingles). 
Alan Duff Negotiations with Seller
26 April 2016 | 10 replies
Lots of deferred maintenance, not major things, but stained asphalt shingles, gutters need replaced, brick building need power washed, a couple of the fascia and soffit boards need replaced, all trim needs painting, ugly amateur ceiling repair where leak occurred, missing drop ceiling tiles in bathroom, no landscaping.
Raj Balakrishnan tenant verification is UNRELIABLE. Scary stuff for a mom & pop investor !!!!!
8 August 2024 | 27 replies
@Raj BalakrishnanPretty much every county and every state has its own computerized public records system.